Aug 15, 2018
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.03 to $6.50.
The split itself did not change the total investment value.
Transportation and Logistics Systems, Inc. (OTC:TLSS) operates in the Trucking industry.
Transportation and Logistics Systems, Inc. company overviewTransportation and Logistics Systems, Inc.'s most recent stock split was on August 15, 2018. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
Transportation and Logistics Systems, Inc. (OTC:TLSS) has split its stock 4 times: a 32-for-1 split on January 30, 2012, a 1-for-2 reverse split on December 20, 2013, a 2-for-5 reverse split on July 1, 2015, and a 1-for-250 reverse split on August 15, 2018.
Transportation and Logistics Systems, Inc. has split its stock 4 times. This history records 4 splits between January 30, 2012 and August 15, 2018.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Transportation and Logistics Systems, Inc.'s 1-for-250 reverse split on August 15, 2018, every 250 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Transportation and Logistics Systems, Inc. has not announced a new split in our records. Its most recent split was on August 15, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:TLSS split will appear on this page.